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Sep 12, 2012
09/12
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that's why we have brian sullivan outside the conference hall in san francisco. we have a very sophisticated system designed to bring you the latest news and pictures as they happen. so brian, what are we expecting? >> this is going to be a big time event here. maybe we need a giant sledgehammer to smash a screen a la 1984. here's how this is going to work. this is why i walked all the way out here last night. lights just dimmed. al gore seen, we are ready to go. we have a full crew here. jon is going to be sending us information as it occurs. he is going to deliver that information via electronic message to me, and then i will use that to deliver it to you and our audience to make sure that cnbc viewers get all the latest on apple. the expected iphone 5, maybe an ipad mini. maybe maybe great e facebook integration, ios6, whatever. that will be fed from there to me from me to you. watch facebook, maybe greater integration, google. will youtube get the boot in the apple screen? lot of talk there. and the shares up .4%. this is going to be an exciting day. i love t
that's why we have brian sullivan outside the conference hall in san francisco. we have a very sophisticated system designed to bring you the latest news and pictures as they happen. so brian, what are we expecting? >> this is going to be a big time event here. maybe we need a giant sledgehammer to smash a screen a la 1984. here's how this is going to work. this is why i walked all the way out here last night. lights just dimmed. al gore seen, we are ready to go. we have a full crew here....
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Sep 11, 2012
09/12
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and julia boorstin is live in san francisco with that. hi, julia. >> that's right, sue, a ima he here at the tech crunch disrupt conference in san francisco where everyone is eagerly awaiting for facebook ceo mark zuckerberg to speak. he will will be soon and give you a heads up on what he will say, next on power lunch. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> mark zuckerberg may be coming out of his shell or fox hole, depending on your perspective. he will make his first public appearance since facebook's ipo back in may. shares have lost half their value since that date. right now, the stock is up about half a buck at $19.33. julia boorstin is live in san francisco waiting for julia? >> reporter: facebook ceo mark zuckerberg chose to make hisz
and julia boorstin is live in san francisco with that. hi, julia. >> that's right, sue, a ima he here at the tech crunch disrupt conference in san francisco where everyone is eagerly awaiting for facebook ceo mark zuckerberg to speak. he will will be soon and give you a heads up on what he will say, next on power lunch. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity...
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Sep 21, 2012
09/12
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we're very soon to see it next to the golden gate bridge in san francisco. then it will go on to the science museum coming ultimately to rest, right off the 110 in l.a. look at this iconic image for a moment. >>> near daytona beach florida, an armed robber got more than he bargained for. he came in with a knife trying to rob it. while he fought with one worker, another came from the other side armed with cans of beer. he threw them at the robber. he ran off. the would-en robber was arrested a short time later. the motto, never underestimate the power of a beer. >> you got it. thank you, simon, very much. >> it's time to do some animal cyst. >>> jeff kilburg, you ready to go? we're going to start with citi upgrading altria to buy from neutral noting that management is "on the case" successfully addressing t ining the marlboro positioning win menthol. in terms of the stock performance, it's basically been up 12% over the last six months or so. >> i like this call. we've seen a recent pullback here but this is a great way to play the tobacco space. some of the
we're very soon to see it next to the golden gate bridge in san francisco. then it will go on to the science museum coming ultimately to rest, right off the 110 in l.a. look at this iconic image for a moment. >>> near daytona beach florida, an armed robber got more than he bargained for. he came in with a knife trying to rob it. while he fought with one worker, another came from the other side armed with cans of beer. he threw them at the robber. he ran off. the would-en robber was...
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Sep 13, 2012
09/12
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the top markets where home affordability is the lowest are honolulu, hawaii, san francisco, new york city, san jose, california and los angeles. that all according to trulia.com. it does give people more purchasing power when the rates stay low. the question is how much lower will they go because as of now, those low rates are not producing the type of mofrt applications that we would like to see. >> indeed, diana, very good point. thank you. >>> two big names in defense and aerospace getting hammered today over worries that a merger may make the new company just too big to manage. can bae and eads fly? phil lebeau is back in chicago and joins us with details. hi, phil. >> hi, sue. a lot of skepticism out there. let's start with eads. the stock down 10% today. it was hammered basically from the start in europe. it's not as bad but similar with bae systems, down about 6% on the day. the questions that are coming out of europe primarily today follow a couple of analysts over there who have cut their ratings for bae and eads basically on skepticism that this deal is going to produce the
the top markets where home affordability is the lowest are honolulu, hawaii, san francisco, new york city, san jose, california and los angeles. that all according to trulia.com. it does give people more purchasing power when the rates stay low. the question is how much lower will they go because as of now, those low rates are not producing the type of mofrt applications that we would like to see. >> indeed, diana, very good point. thank you. >>> two big names in defense and...
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Sep 5, 2012
09/12
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rents up more than 10% in houston and seattle and while they're still high in denver, san francisco, miami, oakland and boston, the increases are smaller than they were in may. so what's causing the slowdown? multifamily construction starts have been way up over a few years and coming online now. investors have also bought thousands of distressed properties and now coming on as rentals. single family. a new report of rent.com found nearly half of current renters surveyed said they're still saving for a down payment. nearly a quarter are waiting for their credit to improve. witness today's mortgage application survey down for the fifth straight week. applications to buy a home down 5% in august month to month and down 8% of a year ago. we spoke to investors about this saying they're not really that concerned and believe a still recovering housing market can co-exist with a growing rental market. we have plenty more on the blog. sue? >> diana, thank you. >>> coming up, is american foreign policy power gone forever? iran, afghanistan, iraq, syria, china, the list of problems is long. is
rents up more than 10% in houston and seattle and while they're still high in denver, san francisco, miami, oakland and boston, the increases are smaller than they were in may. so what's causing the slowdown? multifamily construction starts have been way up over a few years and coming online now. investors have also bought thousands of distressed properties and now coming on as rentals. single family. a new report of rent.com found nearly half of current renters surveyed said they're still...
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Sep 20, 2012
09/12
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a gain of 45% after the san francisco-based real estate website was priced at $17 a share. now let's get back to hq and a market flash. >>> a big mover for you today. ihs reporting its third quarter. we have net income and also revenues climbing but that still fell short of wall street forecasts. plus, ihs lowering its full-year earnings and revenue forecast. that's what's really hammering the stock right now. the chairman and ceo says the subscription business is fine but that it is the non-subscription business that's softening. you have customers delaying business and spending decisions. that's sending the stock down nearly 19%. >> thank you. >>> straight ahead on the show, a robbery netting 10 million. the victim just happens to be a cnbc regular guest. that's next. >>> plus, what america really thinks of high-frequency trading. the finance.yahoo.com poll is also ahead on "power lunch." [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announce
a gain of 45% after the san francisco-based real estate website was priced at $17 a share. now let's get back to hq and a market flash. >>> a big mover for you today. ihs reporting its third quarter. we have net income and also revenues climbing but that still fell short of wall street forecasts. plus, ihs lowering its full-year earnings and revenue forecast. that's what's really hammering the stock right now. the chairman and ceo says the subscription business is fine but that it is...
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Sep 27, 2012
09/12
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that in addition to the mansion he owns in rhode island, a giant home in san francisco, a villa in tokyo, and a 240-acre estate near paul springs that has its own 19-hole golf course. now, that's not to mention the properties he's buying around lake tahoe. now, ellison also likes his jets, his sport cars, and his yachts. last year he received his newest yacht, a 280-foot boat called "mushashi." that replaces the 450-footer "rising sun." now, ellison has also spent millions on his america's cup sailing team and of course the nn indian wells tennis tournament. we should say ellison still is worth more than $30 billion. he's got plenty to burn. the shares represent only 12% of his total holdings. but it's worth remembering, in 2002 ellison's own financial adviser warned him in an e-mail about all this spending. he said, "i'm worried, larry. we have a freight train going down a track hitting a debt wall." for now, simon, that spending train keeps rolling on. >> wow. >> all right, robert, thank you very much. let's go to bertha coombs now for a quick market update. >> quickly, let's look at l
that in addition to the mansion he owns in rhode island, a giant home in san francisco, a villa in tokyo, and a 240-acre estate near paul springs that has its own 19-hole golf course. now, that's not to mention the properties he's buying around lake tahoe. now, ellison also likes his jets, his sport cars, and his yachts. last year he received his newest yacht, a 280-foot boat called "mushashi." that replaces the 450-footer "rising sun." now, ellison has also spent millions...